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Confidence interval for the population mean

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Reference no: EM131469000

A company is considering offering child care for their employees. They wish to estimate the mean weekly child-care cost of their employees. A sample of 10 employees reveals the following amounts spent last week in dollars.

101 97 93 103 100 93 99 90 102 96

Develop a 95% confidence interval for the population mean. Interpret the result.

Reference no: EM131469000

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